Tag: Amazon Web Services

  • This is Why Microsoft Could Rally Back to $320

    This is Why Microsoft Could Rally Back to $320

    The pullback in tech stocks may finally be over. If so, keep an eye on oversold shares of Microsoft (MST). Not only is MSFT holding double bottom support dating back to early 2021, it’s starting to rebound from oversold RSI, MACD, and Williams’ %R. From a current price of $258.86, we’d eventually like to see…

  • Amazon.com Could Rally to $4,700 in 2022

    Amazon.com Could Rally to $4,700 in 2022

    Amazon.com (AMZN) could be a $4,700 stock in 2022. Thanks to accelerating revenue growth, and higher margins, analysts at UBS now has a buy rating and a 12-month price target of $4,700 on the stock. “We expect Amazon shares to re-rate ahead of 2H22 when we see revenue growth and higher margins driving estimate revisions…